Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 Layla, the owner of Bubur Cedok, sells only one product, porridge. The selling price of each porridge is RM6. The average variable

image text in transcribed

Question 4 Layla, the owner of Bubur Cedok, sells only one product, porridge. The selling price of each porridge is RM6. The average variable cost is RM3.50. The total fixed cost per month to operate the store is RM1,500. Layla sold 4,000 units of porridge in September 2022. Required: a) Compute the numbers of porridge needed to break even (in unit and RM) (4 marks) b) How much porridge must be sold in order to earn a profit of RM10,000? (2 marks) c) Calculate the margin of safety in units and value. (4 marks) [Total: 10 Marks] ***END OF QUESTION PAPER***

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Financial Accounting Information The Alternative to Debits and Credits

Authors: Gary A. Porter, Curtis L. Norton

9th edition

978-1285183244, 128518324X, 978-1285779263, 1285779266, 978-1285183237

More Books

Students also viewed these Accounting questions

Question

What is the this key word?

Answered: 1 week ago